Western union and money gram are showcasing barrier to entry which is the factor that drives competition.
Competition is competition in which two or more parties strive to achieve a common goal that cannot be shared: Where one person's gain is another's loss. Competition can arise between entities such as organizations, individuals, economic and social groups, etc. Competition can involve the achievement of any monopoly objective.
Competition occurs in nature, between living organisms coexisting in the same environment. Animals compete for water, food, mates, and other biological resources. Humans often compete for food and mates, although when these needs are met, deep competition often arises in pursuit of wealth, power, prestige, and fame in a competitive environment. static, repeated or immutable fields.
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discuss the differences between the short run and the long run from the perspective of producers and from the perspective of consumers.
From the viewpoints of producers and consumers, respectively, there are some differences between the short run and the long run.
The long run is a time frame in which all aspects of production and cost are unknown. Long-term cost changes are possible for businesses, but short-term pricing changes can only be made by changing output levels.
Each of the LRAC curve's short-run average cost (SRAC) curves corresponds to a specific amount of fixed costs. The LRAC curve will therefore be the least expensive average cost curve for every output level. As long as the LRAC curve is dropping, internal economies of scale are being leveraged.
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how should the clothing retailer respond to the posts? engage the writer of the positive post, and address the negative post. address the negative post, and let the positive post stand without a response. ignore the negative post, and thank the author of the positive post.
The clothing retailer respond to the posts ignore the negative post and thank the author of the positive post.
When customers purchase a product and promote it to the very last clients for his or her consumption, and now no longer to any dealer or wholesaler, that is referred to as Retail. The shops are the mediator among wholesaler and clients. They buy items from the wholesaler and promote them to the remaining clients in small quantity.
Clothing (additionally referred to as clothes, apparel, and attire) are objects worn at the body. Typically, garb is manufactured from fabric or textiles, however through the years it has blanketed clothes crafted from animal pores and skin and different skinny sheets of substances and herbal merchandise discovered withinside the environment, positioned together.
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required: in what jurisdiction(s) does gk, inc. have more than $100,000 in sales? in what jurisdiction(s) does gk, inc. have more than 200 transactions? based on general economic nexus thresholds, in what jurisdiction(s) should gk, inc. register to collect and remit sales tax? the sales tax rate in indiana is 7%. how much tax should have been collected from sales made to indiana customers?
Answer: Indiana would collect and remit $24,151.
States with more than 100,000 in sales are: Indiana, Michigan, Utah
States with more than 200 transactions are: Illinois, Indiana, Michigan, Iowa
The jurisdictions they should collect in are Indiana, Michigan, Utah, Illinois, Iowa
Explanation:
Total of Indiana Sales $345,016 multiply the 7 percent sales tax=
345016*.07=24151.12
Round to nearest dollar equals $24,151
Sales tax is a tax paid to a government for the sale of certain goods and services. In general, the law allows the seller to collect tax money from the consumer at the time of purchase.
When the consumer pays the tax on goods or services directly to the administrative body, it is usually called a use tax. Sales tax is extra money you pay based on a certain percentage of the sales price of goods and services. bought For example, if you buy a new TV for $400 and you live in an area with a 7% sales tax, you would pay $28 in sales tax. Your total bill would be $428.88
Indiana would collect and remit $24,151. States with more than 100,000 in sales are: Indiana, Michigan, Utah States with more than 200 transactions are: Illinois, Indiana, Michigan, Iowa. The jurisdictions they should collect in are Indiana, Michigan, Utah, Illinois, Iowa.Total of Indiana Sales $345,016 multiply the 7 percent sales tax= 345016*.07=24151.12. Round to nearest dollar equals $24,151
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al jafar jewel co. purchased a crystal extraction machine for $50,000 that has an estimated salvage value of $10,000 at the end of its 8-year useful life. compute the depreciation schedule using: (a) straight-line depreciation (b) double declining balance depreciation (c) 100% bonus depreciation (d) macrs depreciation
The depreciation schedule for the following methods is shown below
Depreciation is a non-cash expense, which is the cost of the wear and tear of the company's fixed assets. The book value of a fixed asset reduces over time, and the reduction of value is recognized through depreciation expense.
Part a:
Calculate the annual depreciation expense using the following formula:
Annual depreciation=Initial cost−Salvage value/Useful life
=50,000−10,000/8
=40,000/8
=5,000
The annual depreciation of the machine under the straight-line method is $5,000
The table below shows the depreciation table of the machine under the straight-line method
Year Initial Cost Depreciation expense Accumulated depreciation Book value
1 50,000 5,000 5,000 45,000
2 50,000 5,000 10,000 40,000
3 50,000 5,000 15,000 35,000
4 50,000 5,000 20,000 30,000
5 50,000 5,000 25,000 25,000
6 50,000 5,000 30,000 20,000
7 50,000 5,000 35,000 15,000
8 50,000 5,000 40,000 10,000
Part b:
Calculate the annual depreciation rates under the double declining balance depreciation method.
Depreciation rates=1/Useful life×2
=1/8×2
=.25
The depreciation rate of the machine under the double declining balance depreciation method is 25%
The table below shows the depreciation schedule of the machine
Year Beginning book value Depreciation rates Depreciation expense Accumulated depreciation Ending book value
1 50,000 25% 12,500 12,500 37,500
2 37,500 25% 9,375 21,875 28,125
3 28,125 25% 7,031 28,906 21,094
4 21,094 25% 5,273 34,180 15,820
5 15,820 25% 3,955 38,135 11,865
6 11,865 25% 1,865 40,000 10,000
7 10,000 25% - 40,000 10,000
8 10,000 25% - 40,000 10,000
Part c:
Under the sum-of-years digit depreciation, the depreciation rate of the machine for each year is based on the fraction of its current period in descending order against the total sum of the useful life. The equation below calculates the total sum of years.
Sum of years=8+7+6+5+4+3+2+1=36
The table below shows the depreciation table of the machine under sum of years digits depreciation method
Year Net cost of Machine (Cost - Salvage value) Depreciation rates Depreciation expense Accumulated depreciation Book value
1 40,000 8/36 8,889 8,889 31,111
2 40,000 7/36 7,778 16,667 23,333
3 40,000 6/36 6,667 23,333 16,667
4 40,000 5/36 5,556 28,889 11,111
5 40,000 4/36 4,444 33,333 6,667
6 40,000 3/36 3,333 36,667 3,333
7 40,000 2/36 2,222 38,889 1,111
8 40,000 1/36 1,111 40,000 -
Part d:
In contrast to another type of depreciation method, MACRS depreciation has pre-defined depreciation rates sets by the IRS. The depreciation rates are posted in the depreciation rates column in the table below:
Year Initial Cost Depreciation rates (%) Depreciation expense Accumulated depreciation Book value
1 50,000 14.29% 7,145 7,145 42,855
2 50,000 24.49% 12,245 19,390 30,610
3 50,000 17.49% 8,745 28,135 21,865
4 50,000 12.49% 6,245 34,380 15,620
5 50,000 8.93% 4,465 38,845 11,155
6 50,000 8.92% 1,155 40,000 10,000
7 50,000 4.49% - 40,000 10,000
8 50,001 - - 40,000 10,001
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When evaluating manager performance of an international business, the text lists several items that should be allowed for since managers would have no control over them. Which three items are included in that list?.
The three items are included in that list are interest rates, transfer prices, and tax rates.
What is international business performance?
By using this return on investment approach, the success of the global company may be assessed. Using this approach, it is possible to assess the link between capital invested and profit. The fact that the ROI should be rising is a positive sign for the company.
The method used most frequently to assess the performance of a international company is return on investment. It includes practically all significant performance-related parameters and illustrates the relationship between profit and invested capital. Evaluation of a person who temporarily transfers expertise to a foreign company is known as international performance management.
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a seventh-day adventist declined a job that required him to work on a saturday, which is the holy day for seventh-day adventists. because he declined a job, the federal government denied him federal unemployment benefits. the supreme court would rule that this decision by the government was
The holy day for Seventh-day Adventists. because he declined a job, the federal government denied him federal unemployment benefits. the supreme court would rule that this decision by the government was eliminated in Employment Division v. Smith.
Federal unemployment advantage programs beneath the CARES Act ended on September 4, 2021. you'll not be paid benefits on the subsequent claim kinds for weeks of unemployment after September 4: Pandemic Unemployment help (PUA)
Effective July 1, 2022, the law states that a claimant is eligible for 24 instances of the individual's weekly gain quantity (or 24 weeks of advantages) unless the “seasonally adjusted unemployment charge” (SAUR) in Arizona averages 5% or above over three months (a quarter of the calendar yr).
The Federal-nation Unemployment insurance software presents unemployment blessings to eligible people who're unemployed thru no fault of their very own (as decided below Florida regulation, and meet different eligibility necessities of Florida law.
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liliana de la cruz puts $30,000 into a load mutual fund. she knows that her up-front sales charge is 2.5 percent. how much of her money actually goes to buy shares in the mutual fund? multiple choice $30,750 $29,250 $7.50 $750 $30,000
If liliana de la cruz puts $30,000 into a load mutual fund. she knows that her up-front sales charge is 2.5 percent. The amount of her money that actually goes to buy shares in the mutual fund is: B. $29,250
What is mutual fund?A mutual fund can be defined as the way in which companies tend to help investors invest their money into stocks, bonds among others.
Now let determine the mutual fund suing this formula
Mutual fund = Loan mutual fund -(Load mutual fund × Up-front sales charge)
Let plug in the formula
Mutual fund = $30,000 - ($30,000 × 2%)
Mutual fund = $30,000 - $750
Mutual fund = $29,250
Therefore the correct option is B.
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which of the following statements is true? question 3 options: variances are the differences between total actual costs and total standard costs. when actual costs exceed standard costs, the variance is favorable. an unfavorable variance results when actual costs are decreasing but standards are not changed. all of the above are true
Variances are the differences between total actual costs and total standard costs.
In chance principle and records, variance is the expectancy of the squared deviation of a random variable from its populace imply or sample suggest. Variance is a degree of dispersion, meaning it is a measure of the way far a hard and fast of numbers is spread out from their average value. Variance has a primary role in facts, in which some ideas that use it include descriptive information, statistical inference, speculation testing, goodness of in shape, and Monte Carlo sampling.
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Supply chain coordination requires each stage of the supply chain to take into account the impact its actions have on other stages. A lack of coordination occurs either because different stages of the supply chain have objectives that conflict or because information moving between stages gets delayed and distorted.
Supply chain coordination requires each stage of the supply chain to take into account the impact its actions have on other stages. A lack of coordination occurs either because different stages of the supply chain have objectives that conflict or because information moving between stages gets delayed and distorted. - This statement is True.
When there is a lack of coordination, it is either because the goals of the various supply chain stages contradict or the information is delayed and misinterpreted as it moves between the stages. If each stage of a supply chain has a distinct owner, then the objectives of the various phases may conflict.
As a result of the absence of coordination, costs will rise in practically every aspect of the supply chain, including manufacturing, inventory management, distribution, and retail. As a result of the "bullwhip effect," warehouses are overflowing with extra inventory, which drives up holding costs. Jan 6, 2020.
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naya is extremely competitive and seeks out personal and professional opportunities where she can compete and be declared a winner. according to allport, naya's competitiveness is a(n) trait.
According to Allport, Naya's competitiveness is a cardinal trait.
What is the Allport trait hypothesis?The Gordon Allport Trait Theory states that a person's personality is shaped by a combination of their fundamental traits. A person will have a variety of lesser traits instead of one dominant one; this is where the continuum of personality traits comes into play. One person might be more truthful than another.
What is the trait theory's central tenet?The foundation of trait theory in psychology is the notion that individuals differ from one another according to the strength and intensity of fundamental trait dimensions. Personality traits can be categorized according to the following three factors: consistency, stability, and individual differences.
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sandra company entered into a purchase commitment. at the end of the accounting period, the contract is still outstanding and the contract price exceeds the current market price. sandra expects that a loss will be incurred. sandra should recognize a
If the market price on the purchase date has not decreased from the year-end price, a journal entry should be made for purchase obligations. Negative stock (accounting cost).
Which of the following line items on the financial statement will be impacted by an exaggerated ending inventory?The income statement of a company will be impacted by overstating the ending inventory. As a result of the inflated ending inventory, the cost of the products sold will be lower by the same amount, which lowers the expense listed on the income statement.
What is a typical way to precisely determine cost per unit when making a lump sum purchase?Add all of your variable and fixed costs together, then divide that number by the overall number of units you produced during that time period to determine the cost per unit.
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wilson farms' stock has a beta of .73 and an expected return of 9.0%. the risk-free rate is 1.9% and the market risk premium is 7.3%. this stock is because the capm return for the stock is %. group of answer choices undervalued; 7.53 overvalued; 7.23 undervalued; 7.23 undervalued; 7.46 overvalued; 7.53
This stock is undervalued because the CAPM return for the stock is 7.23% that is option B is correct.
The value of the stock can be calculated using the CAPM model which stands for Capital Asset Pricing model. The formula for calculating the CAPM expected return will be given as
R = Rₓ + (Rₐ - Rₓ)β
where Rₓ is the risk free rate, (Rₐ - Rₓ) is the market risk premium, β is the beta of investment and R is the CAPM expected return. Now, if we put the values then
R = 1.9% + 7.3% × 0.73
R = 1.9% + 5.33
R = 7.23%
Now, expected return is 9% and the CAPM expected return is 7.23% so this stock is undervalued.
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Complete Question:
wilson farms' stock has a beta of .73 and an expected return of 9.0%. the risk-free rate is 1.9% and the market risk premium is 7.3%. this stock is ________because the capm return for the stock is _____%. group of answer choices; 7.53 overvalued; 7.23 undervalued; 7.23overvalued; 7.53 undervalued
a treasury strips is quoted at 67.181 and has 7 years until maturity. what is the yield to maturity?
The YTM for the treasury strips is 19.839%
YTM = { [ (100 / 67.181) ^1(2 *7)] -1}
YTM = { [ (1.4885) ^1(14)] -1}
YTM = 20.839-1
YTM = 19.839%
What is Yield to maturity?
The yield to maturity (YTM), book yield, or redemption yield of a bond or other fixed-interest security, such as treasury bonds, is an estimation of the total rate of return expected to be earned by an investor who purchases a bond at a specific market price, holds it until maturity, and gets all interest payments and the capital redemption on time. The discount rate at which the present value of all future cash flows from the bond (coupons and principal) equals the bond's current price is known as the internal rate of return (IRR, total interest rate).
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Amos always felt that it was unfair that society created artificial divisions that discouraged him from having friends from different social structures.Which of the following terms describes the process that Amos is having difficulty with?
A) Reference group affiliation
B) Bias
C) Social anxiety
D) Social stratification
Amos always felt that it was unfair that society created artificial divisions that discouraged him from having friends from different social structures. The process that can best describes his situation is social stratification.
Social stratification refers to the ranking of people or groups of people within a society. But the term was defined by the earliest sociologists as something more than the almost universal inequalities that exist in all but the least complex of societies. Social stratification refers to a society's categorization of its people into rankings based on factors like wealth, income, education, family background, and power. Factors that define stratification vary in different societies.
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one of the objectives of in an unsolicited sales message is to introduce a relationship between the audience and the product, service, or idea.
The core of your sales message is a benefit, which is what the customer receives as a result of the purchase. They might improve their popularity, social standing, sex appeal, or even reduce or get rid of what they don't desire. The advantages of your product or service should be clearly communicated in your sales message.
What is a sales massage
A sale communication is a persuasion tactic used to persuade the recipient to act in a certain way (often make a purchase) in response to the value proposition the sender is making. The sales pitches used to persuade customers to buy products or use services are the ones we are most familiar with. A sale communication is a persuasion tactic used to persuade the recipient to act in a certain way (often make a purchase) in response to the value proposition the sender is making. The sales pitches used to persuade customers to buy products or use services are the ones we are most familiar with.
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maria owns a store that prepares gourmet chocolates, which are hand-made and sold on the premises. what type of product is maria selling?
Gourmet chocolates are produced by hand and sold in Maria's shop, Unsought, which she owns.
Which of the following is in charge of transferring products and services from suppliers to consumers?An intermediary is a privately held or corporately controlled company that aids in the transfer of goods from the manufacturer to the final customer. a group of wholesalers and retailers who purchase products from other sellers and resell them.
What do the four stages of a product's lifecycle entail and how does it benefit businesses?Introduction, growth, maturity, and decline are the four stages that make up a product's life cycle. Professionals in management and marketing use product life cycles to assist them decide on advertising schedules, price points, expanding into new product markets, redesigning packaging, and more.
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in which stage of rostow's five-stage model of economic growth do industrialized economies such as korea and the czech republic fit?
Industrialized economies, like Korea and the Czech Republic, fit into Rostow's five-stage model of economic development's (drive to maturity) stages. Their main emphasis is on producing a range of consumer and some industrial goods at a reasonable cost.
What is Rostow's five-stage model of economic development?Using these concepts, Rostow wrote the timeless Stages of Economic Growth in 1960, which outlined five stages that all nations must go through in order to develop: Traditional society is the first factor, followed by take-off conditions, take-off, drive to maturity, and age of high mass consumption. The Rostow model categorises the economic development of nations into five stages: Traditional society, characterised by hunter-gatherer or subsistence farming. the beginning of the manufacturing industry's development and the formation of a nation's global perspective are prerequisites for takeoff. His theory, which is based on the histories of the United States and Europe, views the American standard of high mass consumption as essential to the process by which all industrialized civilizations build their economies.
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the statement of stockholders' equity reports multiple choice question. the revenues and expenses for the period. assets, liabilities, and owners' equity for the period. the changes to assets over the period. the changes in each equity account balance over time.
The statement of stockholders' equity reports the changes in each equity account balance over time. Hence, option (d) is the relevant option.
What is Stockholder equity?Shareholder equity, also known as shareholders' equity or owners' equity, is the amount of assets left over for shareholders to utilise after all liabilities have been settled. It can be calculated by adding a company's share capital and retained earnings and subtracting its treasury shares, or it can be calculated by subtraction of a company's total assets from its total liabilities. Shareholders' equity may consist of common stock, paid-in capital, retained earnings, and treasury stock, among other things. Conceptually, a company's stockholders' equity can be used to determine how much cash it has on hand. If this number is negative, a company might be in danger of going out of business, especially if there is a sizable debt obligation.
There are two main sources of shareholders' equity, which is also known as the company's book value. The money that was initially and subsequently invested in the business through share offerings is the first source. The company's retained profits, which are accumulated over time as a result of its operations, make up the second source. Retained earnings typically make up the greatest portion, especially when dealing with businesses that have been around for a while.
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true or false: the tax cuts and jobs act of 2017 eliminates the tax issue about repatriating overseas profits.
The given statement is false. Deductions, depreciation, expensing, tax credits, and other business-related tax items have been altered as a result of the Tax Cuts and Jobs Act ("TCJA"). Business owners can use this side-by-side comparison to comprehend the changes and make appropriate plans.
The Tax Cuts and Jobs Act, which reduces taxes while increasing government expenditure on numerous programs, is an example of an expansionary fiscal policy. The Tax Cuts and Jobs Act, passed under President Donald Trump, fundamentally altered the rates of deductions, depreciation, tax credits, and other factors affecting business owners. The Tax Cuts and Jobs Act also stipulates that firms who offer paid family and medical leave to their staff are eligible for a tax credit. The Act is based on the tax reform ideas that the Trump administration and legislative Republicans have supported.
According to the impartial Congressional Budget Office (CBO), the Act would result in around $1.125 trillion in net benefits for individuals and pass-through businesses like partnerships and S companies.
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What is the total interest on a 10-year 6. 1% loan with a principal of $32,000? (round monthly payment calculations to 2 decimal places. ).
For instance, the interest on a $30,000, three year credit at 6% is $2,856.The same loan—$30,000 at 6% interest rate—would cost $5,797 in interest over 72 months to repay.
How is the 6% loan interest calculated?
Divide 0.06 by 12 to get 0.005, which you would get if you made monthly payments and had an interest rate of 6%. To determine the amount of interest you will pay in that month, multiply that number by the balance on your remaining loan.The initial interest payment for a loan of $5,000 would be $25.
How do you determine my total interest payment?
To determine the total amount of interest you will pay over the course of your loan, simply divide the principal amount by the interest rate and the lending term in years.The interest on short-term personal loans is typically low.
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Tamika opened a money market account that has a 4. 25% annual interest rate, compounded annually. She deposits $1,750 into the account each year. How much interest will the account earn after 15 years?.
If Timika deposits $1,750 into the account each year, after 15 years she will earn interest of $9,449.4
The problem can be solved using the formula for the future value of an ordinary annuity.
FV = C x [(1 + i)ⁿ - 1]/i
Where
FV = future value
C = cash flow per period or annuity payment
i = interest rate per period
n = number of periods
Parameters given in the problem:
i = 4.25% = 0.0425
n = 15
C = 1,750
Plug these parameters into the formula:
FV = 1,750 x [(1 + 0.0425)¹⁵ - 1] / 0.0425
FV = 35,699.40
This future value consists of total deposit and interest
Total deposit = $1,750 x 15 = $26,250
Hence,
Interest = 35,699.40 - 26,250 = $9,449.4
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you made changes to your business listing, but flagged the edits as pending. what do you need to do so your updated information appears in your listing?
Undoing the flag of edits from the status of 'pending' and correcting them to 'completed' will help in making the updated information appear on the changes being made to the business listing.
Business listings can be referred to or considered as the mentioning of an entity with respect to the name and other important credentials of the business. However, it is also to be noted that the business listings are not limited to the scope of only its credentials for a large of it. The business listings can be identified with the help of innumerable citations.
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Answer:
its D trust me
Explanation:
question content area treasury stock that was purchased for $2,383 is sold for $3,007. as a result of these two transactions combined,1) stockholders' equity will be increased by $3,5002) stockholders' equity will be increased by $5003) income will be increased by $5004) stockholders' equity will not change
Stockholders' equity will be increased by $500.
After all liabilities have been paid, a company's remaining assets are referred to as its stockholders' equity. This amount is calculated by deducting total liabilities from total assets, or alternatively, by adding share capital and retained earnings and deducting treasury stock.
The remaining assets that shareholders have access to after paying liabilities are known as stockholders' equity.
Outstanding shares, additional paid-in capital, retained earnings, and treasury stock is the four factors that are taken into account when calculating shareholders' equity. If a company's shareholders' equity is positive, it has enough assets to cover its liabilities; if it is negative, it has more liabilities than assets.
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Aria paid $75,000 for her house. its property value increased by 2.2% per year. when aria sold her house after eleven years, how much was it worth, to the nearest hundred dollars? a. $133,700 b. $95,400 c. $95,300 d. $93,100 please select the best answer from the choices provided a b c d
The property amount after 11 years is $95,250.
What is a property?Both the valuable objects themselves and the collection of legal rights that give people control over them are referred to as property. Depending on the kind of property, an owner may be able to use it properly in accordance with the rights that have been granted to it, modify it, share it with the others, redefine it, rent it, pawn it, sell it, exchange it for another piece of the property, give it away, or destroy it. However, a property owner may have the authority to forbid others from doing any of these actions, regardless of the type of property. The three primary categories of property recognized by economics and political economy are private, public, and collective (also called cooperative property).
New property amount=75000 * 1.27=95250.
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Answer:C) 95,250 (95,300 when rounded)
Explanation:edge
true or false: asset retirement obligations (aros) arise only from legal obligations associated with the retirement of a long-
Asset retirement obligations (aros) arise only from legal obligations associated with the retirement of a long. its true.
Contractual requirements for the ultimate removal of machinery or the cleanup of hazardous materials from a leased premises when tangible, long-lived assets are retired are known as asset retirement obligations (AROs). Asset Retirement Obligations (ARO) are typically connected to industries including waste management, mining, nuclear energy, and oil and gas. Examples related to the oil and gas industry include dismantling underground storage tanks and blocking and abandoning oil wells. If it is reasonably practicable to estimate the extent of the liability, asset retirement obligations are first recognized at fair value in the period in which they are incurred.
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classify the following journal entry: accountdebitcredit unearned revenue985 fees earned985 a.closing entry b.transaction entry c.adjusting entry d.none of these choices
The journal entry to debit Unearned Revenue a/c and credit the Fees Earned account by $985 is classified as adjusting entry.
What the unearned revenue entry indicates?An unearned revenue adjustment entry represents a change in the amount of unearned income previously declared. Unearned income is any sum paid in advance by a client to a business. This payment may be for future services or items to be delivered.
Unearned income is money received by a person or business for a service or product that has yet to be produced or delivered. It is reported as a liability on a company's balance sheet, since it indicates a debt owing to the consumer.
Therefore, option C is correct.
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comparing marginal revenue to marginal cost (i) reveals the contribution of the last unit of production to total profit. (ii) is helpful in making profit-maximizing production decisions. (iii) tells a firm whether its fixed costs are too high. question 29 options: a) (i) only b) (i) and (ii) only c) (ii) and (iii) only d) (i) and (iii) only
Comparing marginal revenue to marginal cost reveals the contribution of the last unit of production to total profit is helpful in making profit-maximizing production decisions
The marginal cost of production and marginal revenue are economic measures used to determine the amount of output and the price per unit of a product that will maximize profits. Understanding a few common production jargon is crucial for optimizing marginal cost and income. Every company that incurs production expenditures might categorize them into two main groups:
Fixed costs: These are necessary expenditures that remain largely constant throughout time, notwithstanding your company's growth in output. Costs that fluctuate from month to month or from day to day are known as variable costs. Instead, depending on output levels, they can change dramatically.
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why does an employer's labor demand curve slope downward? substitution rule diminishing marginal product diminishing product demand marginal cost adjustment
Answer:
Explanation:
The labor demand curve slopes downward because of the law of diminishing returns.
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what is an example of perceived obsolescence? a. needing to take your car to an auto repair shop b. selling a poorly made gadget that cannot be fixed c. staying up to date on fashion trends d. fixing a toaster when it's broken
Selling a poorly made gadget that cannot be fixed is an example of perceived obsolescence.
What is Perceived Obsolescence?
When someone is convinced to replace something before it has completely lost its utility, this is called perceived obsolescence. It may be as easy as the outdated object going out of style or losing its appeal.
Even when it is not, the outdated item is viewed as being so.
Usually, the item's appearance rather than its functionality contributes to its apparent obsolescence.
Industries like fashion and technology are rife with perceived obsolescence.
The goal of marketing is to persuade you to view their items as status symbols.
As a result, you are constantly forced to upgrade to the newest style or model much earlier than is necessary in order to keep up appearances.
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computing eps: convertible bonds a company has outstanding $140,000 of 8% convertible bonds due in five years. each $1,000 convertible bond is convertible into 40 shares of common stock. net income for the year was $896,000. common shares outstanding for the year were 375,000. the relevant tax rate is 25%. a. compute basic earnings per share. b. compute diluted earnings per share. note: enter the earnings per share amounts in dollars and cents, rounded to the nearest penny. net income available to common stockholders weighted avg. common shares outstanding per share basic eps answer answer answer diluted eps answer answer answer
Net income available to Weighted avg. Common Per Share
Common stockholders. Shares outstanding
(a) (b) (a-b)
Basic EPS $896,000 375,000 $2.39
Diluted EPS $904,400 380, 600 $2.38
No. of Common shares to compute diluted EPS
= Common shares + Convertible doods
375,000 + [$140,000 x 40/$1000]
= 375,000 + 5,600
= 380,600
To calculate earnings per share, subtract preferred dividends from the company's net income. Then divide that amount by the average number of common shares outstanding. Subtract preferred dividends from a company's net income and divide the result by the sum of the weighted average number of shares outstanding and the number of diluted shares.
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